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Finance Minister Announces Four Mandatory Conditions for Development Project Approvals

Amir Khasru Mahmud Chowdhury Outlines Criteria—Value for Money, Return on Investment, Job Creation, and Environmental Protection—at BIDS Seminar on Sustainable NGO Financing

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Staff Reporter

Staff Reporter • 6 Oct • 2 min read

Finance Minister Announces Four Mandatory Conditions for Development Project Approvals
Finance and Planning Minister Amir Khasru Mahmud Chowdhury addressing the BIDS seminar in Dhaka on Tuesday, where he unveiled four mandatory conditions for government project approvals.

Finance and Planning Minister Amir Khasru Mahmud Chowdhury announced that the government has imposed four mandatory conditions for the approval of all new development projects to ensure accountability and optimal utilization of public funds.

Speaking as the chief guest at a seminar titled "Beyond Foreign Reliance: The Future of NGO Financing in Bangladesh"—organized by the Bangladesh Institute of Development Studies (BIDS) in Dhaka on Tuesday (October 6, 2026)—Minister Chowdhury outlined the strict four-point framework. Under the new policy, any proposed project must definitively demonstrate: (1) Value for Money, (2) Expected Return on Investment, (3) Creation of New Employment or Entrepreneurship Opportunities, and (4) Environmental Protection and Sustainability. He cautioned that failure to meet all four conditions would result in immediate rejection by the government. Emphasizing a shift away from foreign dependency, Chowdhury called for a structured policy framework to secure sustainable local financing for NGOs and stressed the importance of global marketing for traditional local crafts like shital pati. State Minister for Planning Md. Zonayed Abdur Rahim Saki and Planning Division Secretary S M Shakil Akhter were also in attendance along with prominent economists and researchers.

— Daily Best News Desk • Fearless in the search for truth

Reported by Staff Reporter • Edited by the Daily Best News desk. Send corrections to [email protected].

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